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SHANGHAI: China's main national pavilion for the upcoming Shanghai Expo was ushered in with fireworks and traditional drum performances at its completion yesterday. After about 26 months of hard work, the Oriental Crown - a large, inverted red pyramid that stands as one of the biggest structures in the 5.28-sq-km Expo garden - has started inner decoratio...
BEIJING: China Gezhouba Group Co Ltd (CGGC), a leading State-owned enterprise on infrastructure construction of China, signed a 1.36-billion-yuan ($200 million) contract with Drainage Board of Department of Energy, Mauritania, said CGGC Tuesday. In a statement to the Shanghai Stcok Exchange, CGGC said the contract allows it to construct the first-stage pr...
Beijing will invoke harsher monitoring of online trade to counter an eruption of Internet fraud cases. There will be a crackdown on scams by strengthening the monitoring network to track online trade, said Zhang Zhikuan, head of Beijing Administration for Industry and Commerce (BAIC), at the BAIC annual meeting in early January. BAIC said the capital pr...
SHANGHAI: Property speculators from Wenzhou who contributed to the sky-high real estate prices in the country's largest city are moving their cash into debt-laden Dubai. A group of 12 Wenzhou entrepreneurs just came back from a four-day visit in Dubai last Friday to scout the dwindling real estate market. "Since the recession on real estate in Dubai, I...
Stricter regulations will be applied to stem rising credit risks The Industrial and Commercial Bank of China (ICBC) said yesterday it would apply stricter approval rules to property lending this year as part of an effort to balance its loan structure and stem rising credit risks. The world's largest bank by market capitalization will not issue new loan...
State Nuclear Power Technology Corp (SNPTC), which is responsible for the development of third-generation nuclear power technology in China, said yesterday it had completed the initial design for the country's first three inland nuclear power stations. The three projects are at Taohuajiang in Hunan province, Xianning in Hubei province, and Pengze in Jian...
BEIJING: China on Tuesday issued its first national census of pollution sources, with datas showing that the country's wastewater discharge totalled more than 209 billion tons while waste gas emissions topped 63.7 trillion cu m in 2007. The result was announced at a press conference held at the State Council Information Office Tuesday morning. "The cen...
German carmaker Daimler AG's joint venture with Beijing Automotive Industry Holding Corp plans to more than double sales of Mercedes-Benz cars this year from 2009 by offering two major new models. Mark Si, executive vice-president for sales and marketing at Beijing Benz-DaimlerChrysler Automotive Co Ltd, told China Daily last week that it expects to move...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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